Business

CBN withdraws licences of 42 microfinance banks

The Central Bank of Nigeria has withdrawn the operating licences of 42 microfinance banks (MfBs). Already, the affected banks have…

4 years ago

CBN: Banks migrate to new cheque standards January 1

Nigerian banks will migrate to new cheque standards on January 1, 2021 as the old ones expire 31 December. The…

4 years ago

Excitement as Nord releases five impressive Nigeria-assembled vehicles

A few days to the Christmas celebration, an indigenous auto assembler, Nord Automobiles Limited, has launched five astonishing new vehicles…

4 years ago

Allow us fix refineries, oil marketers tell FG

Oil marketers have expressed willingness and capacity to fix Nigeria’s dysfunctional refineries and get the facilities running in the shortest…

4 years ago

Renault: Coscharis unveils assembly plant, after-sale service, three models

Coscharis Motors has taken the Nigeria’s auto industry by storm as it begins the assembling of re-engineered Renault vehicles in…

4 years ago

CBN to banks: Close naira accounts of money transfer operators

The Central Bank of Nigeria has ordered banks to close all naira accounts of international money transfer operators. It gave…

4 years ago

WTO: US again rejects Okojo-Iweala, wants DG race reopened

The United States has not backed down on its desire to have another candidate different from Ngozi Okonjo-Iweala as director-general…

4 years ago

Embrace other transportation modes, LASG urges commuters

The Lagos State Government has again called on all road users in the metropolis to embrace the use of water…

4 years ago

Mercedes lights up Yuletide, introduces all-new GLB to Nigeria

Mercedes-Benz has unveiled the newest member of its passenger car segment, an all-new GLB, thus bringing the best of the…

4 years ago

Senate postpones passage of 2021 budget till Monday

The Senate has postponed the passage of the 2021 budget till Monday next week. Senate President Ahmad Lawan, who disclosed…

4 years ago